Pyrotec Holdings Limited - Filleted accounts


PYROTEC HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025



































Company Registration Number: 06384708

PYROTEC HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 6

PYROTEC HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025


DIRECTOR

S P Pitts


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

Avalon House
Marcham Road
Abingdon
Oxon
OX14 1TZ


COMPANY REGISTRATION NUMBER

06384708 England and Wales

PYROTEC HOLDINGS LIMITED

BALANCE SHEET
AS AT 31 MARCH 2025


	Notes	2025		2024
		£		£

FIXED ASSETS
Investments	5		8,000,000		4,000,000

CURRENT ASSETS
Debtors	6	1,212,450		716,759
Cash at bank and in hand		996,775		1,924,135


		2,209,225		2,640,894

CREDITORS: Amounts falling due within one year	7	588,510		1,465,759
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS			1,620,715		1,175,135


NET ASSETS			9,620,715		5,175,135


CAPITAL AND RESERVES
Called up share capital			50		50
Share premium account			49,940		49,940
Distributable profit and loss account			2,484,235		2,038,655
Non distributable profit and loss account			7,086,440		3,086,440
Capital redemption reserve			50		50


SHAREHOLDERS' FUNDS			9,620,715		5,175,135

PYROTEC HOLDINGS LIMITED

BALANCE SHEET
AS AT 31 MARCH 2025


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board




S P Pitts
Director

Date approved by the board: 10 December 2025

PYROTEC HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1	GENERAL INFORMATION

	Pyrotec Holdings Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	Avalon House
	Marcham Road
	Abingdon
	Oxon
	OX14 1TZ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Investments

	Investments in subsidiaries are shown at fair value and revalued annually with any surplus or deficit dealt with through the profit and loss account.

	Financial Instruments

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Financial assets are measured at cost and are assessed at the end of each reporting period for objective evidence of impairment. Where objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.


	Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

PYROTEC HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Loans receivable are measured initially at fair value, net of transaction costs, and subsequently at amortised cost, less any impairment.


	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

	Consolidation

	The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has therefore taken advantage of the option provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the director in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including the director) during the year was:

		2025	2024
	Average number of employees	1	1

PYROTEC HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


5	FIXED ASSET INVESTMENTS
				Investment in subsidiary
				£
	Cost
	At 1 April 2024			4,000,000

	Revaluation			4,000,000


	At 31 March 2025			8,000,000


	Net book value
	At 1 April 2024			4,000,000


	At 31 March 2025			8,000,000


6	DEBTORS
			2025	2024
			£	£
	Other debtors		1,212,450	716,759


7	CREDITORS: Amounts falling due within one year
			2025	2024
			£	£
	Taxation and social security		-	842
	Accruals and deferred income		2,500	2,500
	Other creditors		586,010	1,462,417


			588,510	1,465,759


8	RELATED PARTY TRANSACTIONS

	The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:

	Pyrotec Services Limited	Subsidiary undertaking

	During the year, the following transactions with related parties took place:

	S P Pitts
	Director and shareholder		2025	2024
			£	£
	Advances to company	The director / shareholder has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the director / shareholder the following amount:	586,010	1,462,417